12/08/2006 @ 12:00PM

By The Numbers: Timothy Blixseth's Five Investment Tips

Timothy Blixseth has built a $1.2 billion fortune from prescient investments in timberland and other acreage. So what can investors learn from him? Blixseth says he remains keen on real estate, despite the slumping housing market. He sees a perennial opportunity in timberland and foreclosures could provide some good opportunities, especially in Florida and Southern California.